Starting Dynare (version 6.1).
Calling Dynare with arguments: none
Starting preprocessing of the model file ...
WARNING: M30hr.mod:197.1-32: Symbol y declared twice.
WARNING: M30hr.mod:197.1-32: Symbol c declared twice.
WARNING: M30hr.mod:197.1-32: Symbol k declared twice.
WARNING: M30hr.mod:197.1-32: Symbol i declared twice.
WARNING: M30hr.mod:197.1-32: Symbol n declared twice.
WARNING: M30hr.mod:197.1-32: Symbol y_n declared twice.
WARNING: M30hr.mod:197.1-32: Symbol z declared twice.
WARNING: M30hr.mod:197.1-32: Symbol r declared twice.
WARNING: M30hr.mod:197.1-32: Symbol w declared twice.
WARNING: M30hr.mod:197.1-32: Symbol sigma_c declared twice.
Found 10 equation(s).
Evaluating expressions...
Computing static model derivatives (order 1).
Normalizing the static model...
Finding the optimal block decomposition of the static model...
3 block(s) found:
  2 recursive block(s) and 1 simultaneous block(s).
  the largest simultaneous block has 6 equation(s)
                                 and 6 feedback variable(s).
Computing dynamic model derivatives (order 3).
Normalizing the dynamic model...
Finding the optimal block decomposition of the dynamic model...
3 block(s) found:
  2 recursive block(s) and 1 simultaneous block(s).
  the largest simultaneous block has 6 equation(s)
                                 and 6 feedback variable(s).
Preprocessing completed.
Preprocessing time: 0h00m00s.

STEADY-STATE RESULTS:

y       		 1.19214
c       		 0.910368
k       		 14.0887
i       		 0.281773
n       		 0.297182
y_n     		 4.01148
z       		 0
r       		 0.0104622
w       		 2.56735
sigma_c 		 1.5

EIGENVALUES:
         Modulus             Real        Imaginary
            0.95             0.95                0
          0.9627           0.9627                0
           1.049            1.049                0
       3.499e+16       -3.499e+16                0
             Inf              Inf                0

There are 3 eigenvalue(s) larger than 1 in modulus for 3 forward-looking variable(s)
The rank condition is verified.


MODEL SUMMARY

  Number of variables:         10
  Number of stochastic shocks: 1
  Number of state variables:   2
  Number of jumpers:           3
  Number of static variables:  5


MATRIX OF COVARIANCE OF EXOGENOUS SHOCKS
Variables         e_z
e_z          0.000049



MOMENTS OF SIMULATED VARIABLES
VARIABLE              MEAN       STD. DEV.        VARIANCE        SKEWNESS        KURTOSIS
y                 1.168054        0.069669        0.004854       -0.758419        1.335198
c                 0.893836        0.034530        0.001192       -0.992911        1.837638
k                13.691086        0.712122        0.507117       -0.373910        0.390868
i                 0.274218        0.040880        0.001671       -0.400865        0.529703
n                 0.293455        0.015004        0.000225       -1.168970        2.695365
y_n               3.979043        0.092431        0.008543        0.196358        0.277547
r                 0.010814        0.001226        0.000002        0.458513        0.625146
w                 2.552501        0.056139        0.003152       -0.251446        0.302941
sigma_c           1.427737        0.209008        0.043684       -0.758419        1.335198


CORRELATION OF SIMULATED VARIABLES
VARIABLE          y        c        k        i        n      y_n        r        w  sigma_c
y            1.0000   0.9093   0.6695   0.9362   0.9213   0.5609   0.2257  -0.2317   1.0000
c            0.9093   1.0000   0.9106   0.7050   0.7022   0.8081  -0.1793   0.1740   0.9093
k            0.6695   0.9106   1.0000   0.3718   0.3466   0.9616  -0.5674   0.5635   0.6695
i            0.9362   0.7050   0.3718   1.0000   0.9771   0.2733   0.5360  -0.5419   0.9362
n            0.9213   0.7022   0.3466   0.9771   1.0000   0.1955   0.5735  -0.5785   0.9213
y_n          0.5609   0.8081   0.9616   0.2733   0.1955   1.0000  -0.6605   0.6570   0.5609
r            0.2257  -0.1793  -0.5674   0.5360   0.5735  -0.6605   1.0000  -0.9989   0.2257
w           -0.2317   0.1740   0.5635  -0.5419  -0.5785   0.6570  -0.9989   1.0000  -0.2317
sigma_c      1.0000   0.9093   0.6695   0.9362   0.9213   0.5609   0.2257  -0.2317   1.0000


AUTOCORRELATION OF SIMULATED VARIABLES
VARIABLE         1       2       3       4       5
y           0.9432  0.8877  0.8343  0.7867  0.7413
c           0.9813  0.9614  0.9399  0.9191  0.8979
k           0.9981  0.9939  0.9874  0.9788  0.9683
i           0.9130  0.8290  0.7508  0.6819  0.6170
n           0.9170  0.8367  0.7587  0.6917  0.6302
y_n         0.9940  0.9860  0.9756  0.9642  0.9512
r           0.9389  0.8792  0.8201  0.7687  0.7210
w           0.9382  0.8786  0.8198  0.7681  0.7200
sigma_c     0.9432  0.8877  0.8343  0.7867  0.7413
Total computing time : 0h00m06s
Note: 10 warning(s) encountered in the preprocessor
